Category: Consumer Behavior

U.S. Economy Grew at 1.6% Rate in First Quarter Slowdown

Consumers ensured that growth continued, but the latest data showed signs of vulnerability elsewhere.
The Most Sustainable Fish Is the Most Local. Why Is It So Hard to Find?

Seafood caught in nearby waters has long been left out of the farm-to-table movement. But these people have set out to get it into stores and restaurants.
Why Better Times (and Big Raises) Haven’t Cured the Inflation Hangover

Frustrated by higher prices, many Pennsylvanians with fresh pay raises and solid finances report a sense of insecurity lingering from the pandemic.
Consumers Hate ‘Price Discrimination,’ but They Sure Love a Discount

The Wendy’s debacle is a warning shot for brands: If you want to play with prices, make sure to communicate why and whom it could help.
China Lifts Punishing Tariffs on Australian Wine

Despite its thirst for Australian wine, China had taxed the imports in 2020 over a dispute about Covid-19.
Has the Luxury E-Commerce Bubble Burst?

Some of the biggest names in fashion e-commerce, including Farfetch and MatchesFashion, have imploded. What does that mean for fashion brands, investors and customers?
Has the Luxury E-Commerce Bubble Burst?

After implosions by Farfetch and MatchesFashion — and with other blowouts possible — the future for online fashion retailers looks uncertain.
A Birkin Bag Is Hard to Buy

But fans of the famed Hermès accessory say that the exclusivity is the whole point.
Crafts Retailer Joann Files for Bankruptcy

After pandemic-era boom in sales, Joann has been dealing with a pullback in consumer spending on at-home projects. The retailer will become a private company owned by a group of its creditors.
Automakers Are Sharing Consumers’ Driving Behavior With Insurance Companies

LexisNexis, which generates consumer risk profiles for the insurers, knew about every trip G.M. drivers had taken in their cars, including when they sped, braked too hard or accelerated rapidly.
Strategic Financial Solutions, Facing Fraud Charges, Is Blocked From Operating

Strategic Financial Solutions is accused of fraud in a lawsuit by federal and state prosecutors.
Brighter Economic Mood Isn’t Translating Into Support for Biden

Voters feel slightly better about the economy as inflation recedes, but partisan divides remain deep, a Times/Siena poll found.